Fixed Assets in Microsoft Dynamics GP 2013 Training

Fixed Assets in Microsoft Dynamics GP 2013 training imparts knowledge and skills required to enter, depreciate, and retire fixed assets. The thorough lab sessions will make the candidates understand how making entries in the Fixed Assets module of Dynamics GP will automatically make changes in the fully integrated Payables Management and Purchase Order Processing. This ensures time saving and accurate capturing the data and its depreciation. Under the mentorship of the industry experts, the candidates will also explore the utilities that ensure the integrity of data such as file maintenance, reconcile, and deleting assets.

At the end of the training, you will hold the following capabilities:

• Configure the Fixed Assets calendar
• Create asset records, insurance records, asset class records, book records, and book class records
• Create lease, retirement, structure records, and physical location records
• Use Asset Import/Export window for importing new asset addition
• Perform operations such as asset transfer, asset retirement, and depreciation projections
• Define the process to be executed at the end of month/calendar/fiscal year

Target Audience

• Candidates having deep interest in learning the functionality of the Fixed Asset module of Microsoft Dynamics GP
• Professionals dealing with the process of depreciation and involved in the process of managing Fixed Assets

Prerequisites

The candidates must possess the following:

• Basic knowledge of accounting with detailed exposure to depreciation.
• Working experience on Microsoft Windows Dynamics.

1. Overview and Setup Procedures

• Features and Benefits
• Fixed Assets Processes and Integration
• Configure the Fixed Assets Calendar
• Enter Account Groups
• Enter Fixed Assets Post Accounts
• Create Insurance and Asset Class Records
• Create Book Records
• Create Book Class Records
• Fixed Assets Company Setup
• Create Location and Physical Location Records
• Create Lease, Retirement and Structure Records
• Fixed Assets User Preferences
• Enter Existing Assets

2. Daily Procedures

• Asset General Information
• Asset Account Information
• Asset Book Information
• Asset Insurance and Lease Records
• Asset User Data
• Payables Management Interface
• Purchase Order Processing Interface

3. Maintaining Records

• Select Assets
• Depreciation Projections
• Changing Asset Information
• Transferring Assets
• Retire Assets
• Retire Undo
• Asset Utilities
• Using Inquiries
• Report Options and Printing
• Report List

4. Period-End Procedures

• Period-End Procedures
• Year-End Procedures